Friday, September 21, 2012

GBP/JPY intraday: further advance.


Pivot: 126.7
Our preference: Long positions above 126.7 with targets @ 128.1 in extension.
Alternative scenario: Below 126.7 look for further downside with 126.15 & 125.6 as targets.
Comment: the RSI is bullish and calls for further upside.

USDCHF Technical Analysis - Sell at 0.9955

USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...